VC looking at RP firms for new investments

Philippine tech companies wanting to get fresh infusion of capital should start thinking “big,” a venture capitalist advises. Since the World is now virtually flat, companies should not limit their market to local customers. They also need to come up with products that offer an “unfair advantage” over rivals.

VENTURE capitalist Narra Venture Capital is still “seriously” evaluating local companies that could qualify for its new round of investments in 2007, its managing partner in the Philippines said.